Pallas Capital Advisors LLC Buys Shares of 15,561 Anywhere Real Estate Inc. (NYSE:HOUS)

Pallas Capital Advisors LLC purchased a new position in Anywhere Real Estate Inc. (NYSE:HOUS) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,561 shares of the company’s stock, valued at approximately $52,000.

A number of other hedge funds have also recently made changes to their positions in HOUS. Empowered Funds LLC boosted its position in shares of Anywhere Real Estate by 5.1% in the 4th quarter. Empowered Funds LLC now owns 576,064 shares of the company’s stock worth $1,901,000 after purchasing an additional 28,079 shares in the last quarter. Mraz Amerine & Associates Inc. acquired a new stake in Anywhere Real Estate in the fourth quarter worth about $33,000. Ieq Capital LLC purchased a new stake in shares of Anywhere Real Estate during the fourth quarter worth about $206,000. Raymond James Financial Inc. purchased a new stake in shares of Anywhere Real Estate during the fourth quarter worth about $543,000. Finally, Riverbend Wealth Management LLC acquired a new position in shares of Anywhere Real Estate during the fourth quarter valued at about $109,000. 97.56% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods dropped their target price on shares of Anywhere Real Estate from $5.00 to $4.50 and set a “market perform” rating on the stock in a research report on Monday, April 28th.

Anywhere Real Estate Stock Performance

Shares of HOUS opened at $3.99 on Friday. The stock has a 50-day moving average of $3.46 and a two-hundred day moving average of $3.60. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.36 and a current ratio of 0.33. The stock has a market cap of $446.10 million, a P/E ratio of -3.44 and a beta of 1.75. Anywhere Real Estate Inc. has a one year low of $2.71 and a one year high of $5.95.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings results on Tuesday, April 29th. The company reported ($0.57) earnings per share for the quarter, missing the consensus estimate of ($0.51) by ($0.06). Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same quarter last year, the company posted ($0.91) EPS. Anywhere Real Estate’s quarterly revenue was up 6.9% compared to the same quarter last year. As a group, research analysts predict that Anywhere Real Estate Inc. will post 0.05 EPS for the current year.

Anywhere Real Estate Profile

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.